
Cheap Apartments for Rent in the Newell Neighborhood of Charlotte, NC from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Newell area of Charlotte.


Room in Condo on Arlyn Cir

10510 Plantain Ct

Room in Townhome on Derryrush Ave
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9548 University Terrace Dr

Magnolia Terrace

1914 Bonnie Ln
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Newell, Charlotte, NC Local Guide

How much does it cost to rent an apartment in Newell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Newell Studio Apartments | $1,255 | $1,245 | $1,265 |
| Newell 1 Bedroom Apartments | $1,397 | $1,008 | $2,676 |
| Newell 2 Bedroom Apartments | $1,557 | $919 | $2,632 |
| Newell 3 Bedroom Apartments | $1,921 | $895 | $6,815 |
| Newell 4 Bedroom Apartments | $1,028 | $750 | $2,450 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Newell Neighborhood of Charlotte, NC.
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Cheapest Available Newell Apartments for Rent
 The cheapest available apartment rental in the Newell area of Charlotte, NC is a 1 Bed unit found at Magnolia Terrace priced from $1,115. MAA Chancellor Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,168. Here are the most affordable Newell apartments for rent in Charlotte, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Magnolia Terrace | 1B | 1BR,1BA | $1,115 |
| MAA Chancellor Park | Windsor | 1BR,1BA | $1,168 |
| The Drake | S2 | Studio,1BA | $1,245 |
Best Value Apartments for Rent in Newell, NC
As of December 28, 2025 the best value apartment in the Newell area is the $1.06 price per square foot 4BR/3.5BA Model at Towns at Rocky River in the in the Back Creek Downs neighborhood starting from $2,350. The second greatest value Newell apartment is the 4 Bed, 4 Bath Model at Yugo Charlotte College Downs starting at $769 with a $0.51 price per square foot in the Back Creek Downs neighborhood. Here is today’s list of the best values for Newell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Towns at Rocky River | 4BR/3.5BA | 4BR,3.5BA | $1.06 |
| Yugo Charlotte College Downs | 4 Bed, 4 Bath | 4BR,4BA | $0.51 |
| Avana Avebury | Carlisle | 3BR,2BA | $1.27 |
| Belle Haven Apartments | Brunswick | 2BR,2BA | $1.32 |
| Magnolia Terrace | 1B | 1BR,1BA | $1.40 |
| Zora University | A1 | 1BR,1BA | $2.04 |
| MAA Chancellor Park | Windsor | 1BR,1BA | $1.80 |
| The Piedmont | 1x1-648 Upgraded | 1BR,1BA | $1.93 |
| Heather Ridge | Arlington Renovated | 1BR,1BA | $1.97 |
| University Townhomes at Charlotte | 4 Bedroom First Floor | 4BR,4BA | $1.99 |
Frequently Asked Questions about Cheap Newell Apartments
What is the price of a cheap apartment in Newell?
The cheapest apartment in Newell is Magnolia Terrace which is listed at $1,115, while the average apartment in Newell costs $1,583.
What types of apartments are the cheapest in Newell?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 33 regular apartments in Newell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Newell?
Cheap apartments in Newell have an average cost of $701 which is $882 cheaper than the average rent for all rentals in Newell.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

The 10 Best Affordable Neighborhoods in Charlotte, NC
Written by: Carrie Catalano
I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. I moved to the Triangle area of North Carolina in the summer of 2024 and have been exploring the state since.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
